Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[infofront]

Someone, get Bob Mueller in here

@kpoulsen
22h22 hours ago

Q: What’s the difference between NotPetya and Donald Trump?

A: One is a disruptive ransom attack linked to Russian threat actors that infiltrates a system through known vulnerabilities and crashes it from the inside. The other is just a computer virus.

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[realr0ach]

It’s fair to say that the socialist thought police are fairly ineffectual given our resident troll has repeatedly called for Jewish genoicide in this thread.  

This guy thinks the year is 1980 and the world is ruled by a bunch of delusional and brainwashed baby boomers.  Everyone and their mom knows Judaism is a psychopathic evil cult now.  You will find absolutely zero sympathy for your organized crime "tribe" of chronic liars, murderers, and thieves.  Calling someone anti-Jew is about as big of an insult as calling someone anti-Satan.  It's a compliment at this point.

[realr0ach]

I can't figure out what that is.  Is it a giant log of poop or what?  That must be one of those special Micgoossens restaurants.

[shahzadafzal]

[kenzawak]

I heard Haiku Sunday ?

this is a big deal
roach just sent us some merits
damn that can't be real

[mindrust]

if bitcoin falls to 1000, then BCH will not fall lower than now

ETH may drop to $ 10, LTC to $ 4, but BCH may not fall below $ 75 because nobody bought it cheaper

BCH will fall to $0 cause that's the terminal value. Don't ask me about timeline though.

The technology you see here is going to kill most alts, bcash included.

LN IOS wallet has also arrived and works great.

You can download it here: https://itunes.apple.com/us/app/bluewallet-bitcoin-wallet/id1376878040?mt=8

You can try the wallet with a faucet here: https://www.coinpanic.com/Lightning/CommunityJar?page=1

1) LN is not enough for 7 billion people, but big blocks of BCH will be enough.
2) Bitcoin does not support smart contracts but BCH support
3) https://news.bitcoin.com/bch-developer-unveils-xthinner-scaling-protocol-claims-to-compress-blocks-by-99/

Fuck off with your bullshit you fucking retard.

You need 200.000.000mb blocks to have everybody on earth on the bcash (vermin edition) block chain. You are fucking retarded it is impossible to make it work onchain for everybody.

Here is your puppet master's data sheet


https://www.youtube.com/watch?v=Xg_-dz5PqAY

Can someone paint red this fuckface already? He is spreading misinformation. I wouldn't trust him.

[realr0ach]

It's very annoying the Lightning Network conmen are trying to pretend LN while bitcoin has empty blocks vs bitcoin with full blocks that are uneconomical to use would look anything remotely similar to one another.  It's a testnet and they're launching spam channels everywhere that have pocket change in each one and try to pretend each 'line' represents 'decentralization'.  In the real world, the way it's designed incentivizes you to put all your money in a single channel connected directly to a well-connected bank, so the exact opposite of how they try to trick people and portray it as.  

The testnet lines are meaningless, only incentives matter.  Empty channels that nothing flows through is not a valid measurement of anything, just a visual trick.  The real measurement of LN decentralization is basically what % of a user's net worth is all in the same channel and how few channels would actually be moving all the volume in the real world.  For example, do you think someone is going to have 20% of their net worth in a channel connected to the grocery store then 5% to the pet store, yada yada?  Hell no.  They're not going to pay money to open all these channels and then for no reason split all their money up into non-fungible pools that can't be combined to spend on larger purchases.  

How the fuck would you mobilize your cash to invest in anything if you constantly have to keep it in 100 different channels too?  It's not feasible for savers, spenders, for anyone really.  The only way it works at all in a non-clown car manner is having all your money in a single channel connected directly to a bank.  So in other words, LN is completely worthless and is identical to the current banking system.

[El duderino_]

^^
R0ach is poison, yes.
not be missed if left the thread.
Why even bother.

[nanobtc]

In fact I found you can easily and freely send messages (and files under 10Kb) through Blockstream satellites with https://blockstream.com/satellite-queue/ (Broadcast a Transmission) by easily "paying" testnet BTC via testnet LN with this small testnet LN webwallet : https://htlc.me

In fact, you can send messages/voice/files through satellites for decades, with ham radio. For free.
https://en.wikipedia.org/wiki/Amateur_radio_satellite

[Saint-loup]

In fact I found you can easily and freely send messages (and files under 10Kb) through Blockstream satellites with https://blockstream.com/satellite-queue/ (Broadcast a Transmission) by easily "paying" testnet BTC via testnet LN with this small testnet LN webwallet : https://htlc.me

In fact, you can send messages/voice/files through satellites for decades, with ham radio. For free.
https://en.wikipedia.org/wiki/Amateur_radio_satellite

But only for licensed members...

These satellites can be used for free by licensed amateur radio operators for voice (FM, SSB) and data communications (AX.25, packet radio, APRS).

[nanobtc]

But only for licensed members...

The license has been free since 1901. Massachusetts 8th graders were building their own gear to transmit and receive in 1904. You can purchase inexpensive modern equipment very easily, no soldering involved.

{added to} Make no mistake, I think it is great that Blockstream satellites make this available. By the same token, it is not new tech.

[Saint-loup]

But only for licensed members...

The license has been free since 1901. Massachusetts 8th graders were building their own gear to transmit and receive in 1904. You can purchase modern equipment very easily, no soldering involved.

Since I assume there were no satellites in 1904 are you sure you have the good license?  
And AFAIK you need to pass a test to get it...

[nanobtc]

I am very sure I have the correct license. I was doing this in 1984. I transmitted on 432 mhz right hand circular polarization, and received on 2 meters left hand circular polarization. It's easy and cheap now. Sorry you don't want to learn or study. The license has always been free.

[Saint-loup]

I am very sure I have the correct license. I was doing this in 1984. I transmitted on 432 mhz right hand circular polarization, and received on 2 meters left hand circular polarization. It's easy and cheap now. Sorry you don't want to learn or study. The license has always been free.

In fact I had a CB station in my car many years ago, but yes I am a small noob in the radio amateur matter.

[nanobtc]

CB is 11 meters (measured wavelength, from peak to trough), it's near the ham radio 10 meter band. Ham radio is much better, and it's not that hard. My significant other is not a techie, and she just passed her Technician license test. I was also sending packet data around the world before Amsat satellites with a TI-99/4A computer on a Kenwood TS-520, with just wires strung in trees for an antenna.  Seriously, check it out. There are very probably free classes in your area.

EDIT. bad link.
Look for it here: https://www.hamradiolicenseexam.com/which-exam.htm

[Millionero]

CB is 11 meters (measured wavelength, from peak to trough), it's near the ham radio 10 meter band. Ham radio is much better, and it's not that hard. My significant other is not a techie, and she just passed her Technician license test. I was also sending packet data around the world before Amsat satellites with a TI-99/4A computer on a Kenwood TS-520, with just wires strung in trees for an antenna.  Seriously, check it out. There are very probably free classes in your area.

I got into ham radio about 25 years ago, and got the Extra licence.  Back then you had to be able to "copy" (read) fast Morse code.  I think it was 25 words per minute.
Anyway, the Morse code requirement has been dropped.  Now all it takes is studying some technical information and passing a test.
Most of the people on this forum are probably geeky enough to do that without discomfort.

[Saint-loup]

roger

[VB1001]

WO,s active in all fields, I like it.
I also have a ham radio license, only Dx.
DXCC / CFM: 312

[Elwar]

Anyone heard of these Tangem cards?

https://tangem.com/

$5 per card needs to come down but the tech is quite cool. Just verify on your phone that there's money on the card and you can exchange bitcoins offline.

[nanobtc]

VB1001 DX Century Club (confirmed contacts, with 100 countries, obviously on HF) is certainly a great accomplishment. I don't know what CFM: 312 is.